Oireachtas Joint and Select Committees

Thursday, 20 September 2018

Public Accounts Committee

National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report

9:00 am

Photo of Alan KellyAlan Kelly (Tipperary, Labour) | Oireachtas source

I thank the witnesses. That was helpful.

I have two final questions. Strategic development zones, SDZs, have been mentioned and were outlined in NAMA's letter. Regarding a number of other sites, it is inexplicable that NAMA hit certain roadblocks getting them to the development stage. The example of the Dublin docklands was given. It has pushed on to 61%. The Poolbeg site situation will go on for some time. Are there roadblocks in the process with local authorities and other agencies or is there a lack of legislation to help NAMA push on and develop other sites? Of the blockages NAMA is hitting, which do the witnesses feel are unreasonable? Let us forget about statutory planning requirements and so on. We all know those rules. This is an opportunity to express whether NAMA has hit any other unreasonable and unnecessary roadblock.

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